American Century Investments Foundation
- Assets
- $6.6m
- Revenue
- $1.5m
- Investments
- $6.2m
- Employees
- 0
- Location
- Kansas City, MO
- Founding
- 04/2000
- Data as of
- 12/2021
- EIN
- 43-1881225
Organization Overview
American Century Investments Foundation is located in Kansas City, MO. The organization was established in 2000. According to its NTEE Classification (T12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Century Investments Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, American Century Investments Foundation generated $1.5m in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 7.8% each year. All expenses for the organization totaled $1.9m during the year ending 12/2021. While expenses have increased by 4.9% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
N A - NO EXPENSES INCURRED. ONLY ACTIVITY WAS CHARITABLE CONTRIBUTIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard Brown Director | 0 | $0 | |
Shannon Hobbs President & Director | 0 | $0 | |
John Pak VP Secretary & Director | 0 | $0 | |
Patrick Bannigan Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,000,000 |
| Interest on Savings | $50 |
| Dividends & Interest | $541,447 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,541,497 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $10,000 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $10,000 |
| Contributions, gifts, grants paid | $1,925,000 |
| Total expenses and disbursements | $1,935,000 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $458,483 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $6,165,885 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $6,624,368 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Peer Organizations
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|---|---|---|
Quad Cities Golf Classic Charitable Foundation East Moline, IL | $5,926,812 | $12,981,935 |
Excellerate Foundation Charitable Support Rogers, AR | $173,087,242 | $16,463,917 |
Jewel Nail Bomar Trust 8336230300 Chicago, IL | $101,133,335 | $15,350,534 |
Pious Projects Of America Bridgeview, IL | $2,395,968 | $8,177,090 |
William R Orthwein Jr And Laura Rand Orthwein Foundation Inc St Louis, MO | $73,594,056 | $14,006,042 |
Worth County Development Authority Northwood, IA | $8,240,749 | $6,157,684 |
Wayfarer Foundation Highland Park, IL | $333,654 | $4,731,977 |
Washington County Riverboat Foundation Washington, IA | $2,209,057 | $4,844,569 |
David & Lezlie Hudiburg Family Fdn Foundation Oklahoma City, OK | $0 | $1,762 |
Royals Charities Inc Kansas City, MO | $948,636 | $2,777,032 |
No Stone Unturned Foundation Manhattan, KS | $1,585,423 | $2,930,431 |
Karam Foundation Nfp Lake Forest, IL | $4,231,584 | $2,840,038 |